Innovex International (INVX) Gross Margin (2009 - 2026)
Innovex International's (INVX) quarterly Gross Margin came in at 35.35% in Q1 2026, up 353.0% YoY from 7.8% in Q1 2025, and up 22.27% on a QoQ basis from 28.92% in Q4 2025.
Innovex International (INVX) Gross Margin (2009 - 2026) Analysis & Trends
Innovex International (INVX) has 18 years of Gross Margin data on file, last reported at 35.35% in Q1 2026.
- Quarterly Gross Margin rose 353.0% year-over-year to 35.35% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.87% (down 177.0% YoY) and the FY2025 annual result came in at 31.0%, down 420.0% from the prior year.
- Gross Margin advanced to 35.35% in Q1 2026, from 28.92% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 45.67% in Q4 2022 to a low of 23.02% in Q1 2022.
- A 5-year average of 32.28% and a median of 31.98% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 7051 bps — and 2023, when it sank 930 bps.
- Tracing INVX's Gross Margin over 5 years: stood at 45.67% in 2022, then retreated by 20 bps to 36.38% in 2023, then decreased by 7 bps to 33.85% in 2024, then declined by 15 bps to 28.92% in 2025, then increased by 22 bps to 35.35% in 2026.
- The last three Gross Margin figures came in at 35.35% (Q1 2026), 28.92% (Q4 2025), and 31.64% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Innovex International | 2.00 Bn | 1.77 Bn | 83.65 Mn | 34.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 34.16% |
| Mar 31, 2026 | 35.35% |
| Dec 31, 2025 | 28.92% |
| Sep 30, 2025 | 31.64% |
| Jun 30, 2025 | 31.98% |
| Mar 31, 2025 | 31.82% |
| Dec 31, 2024 | 33.85% |
| Sep 30, 2024 | 34.70% |
| Jun 30, 2024 | 35.30% |
| Mar 31, 2024 | 38.35% |
| Dec 31, 2023 | 36.38% |
| Sep 30, 2023 | 35.88% |
| Jun 30, 2023 | 26.67% |
| Mar 31, 2023 | 27.91% |
| Dec 31, 2022 | 45.67% |
| Sep 30, 2022 | 25.45% |
| Jun 30, 2022 | 25.87% |
| Mar 31, 2022 | 23.02% |
| Dec 31, 2021 | -24.84% |
| Sep 30, 2021 | 14.14% |